Eric Schroeder of FoodBusinessNews reports on PepsiCo’s new sustainability investments.
- PepsiCo has closed on a $1.25 billion, 10 year green bond.
- With this bond global projects for sustainable agriculture, eco-friendly packaging, water sustainability, and decarbonization of the supply chain will be funded.
- Pepsi will also invest in on site operations by increasing energy efficiency and its use of clean power for facilities.
“Among the ways PepsiCo plans to use funds from the new green bond is regenerative agriculture. The company said investments from the new green bond may be used toward farmer training, practices to reduce fertilizer and watershed enhancement and improvement projects.”
Read the full article here.
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